The Benefits of Statement Reconciliation
Removes up to 90% of manual effort required to reconcile supplier statements.
Automatically reveals missing invoices, payments, open credits, overpayments, and invoice discrepancies.
Flexible assignment of resolution tasks by supplier groups, action required, or variance type.
Automated workflows enable users to act on anomalies and address discrepancies quickly. Enhances supplier relationships and alleviates past due balances.
Provides full audit traceability including source documents, log of changes made, and snapshots of reconciled ledgers.
Streamlines supplier communication to expedite resolution of variances.
If you would like to read more about how DataShark Statement Reconciliation can help your business, check out the full data sheet.